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20121120
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way to do this and a wrong way and speaker boehner was right that you have to have revenue on the table but that does not mean raising taxes. >> clearly we have the ability between now and the end of the year to not go off the cliff but we can't accept an unfair deal that piles all of this on the middle class and tells them they have to support it. >> now, of course there is room for compromise. raising taxes on the wealthy by closing loopholes instead of the tax rates, that maybe would please republicans on the democratic side maybe. they are saying you kind of are redefine wealth altogether so that maybe tack rates for those making half a million or a million dollars a year go up. we'll see how this goes, as you said, congress will be back tomorrow and there will be a big meeting at the white house on friday with the president. >> and what about the gang of eight, the four republicans and four democrats who have decided to get back to the hard negotiating? what can we make of them returning to the effort? >> you know what, they are all trying hard. they are going to have
boehner, basically had a deal in place, it ended up getting blown up at the last minute. i think there is a, perhaps, a new conciliation on both sides. i think they were waiting for the election to get over. i think the attitudes are positive on both sides. and i think they've got the framework for a deal already set up from last year. so i don't think that there are any closer but i also don't think they were that far away last year in 2011. >> do you think that closing the loopholes would be enough for a deficit reduction package? >> it doesn't appear that that's going to raise enough revenue to get to where the democrats want that to be. republicans say they don't want to raise rates. there are some -- there's some budget chicanery that can go on in terms of dealing with one baseline instead of another baseline. that's what it looked like boehner wanted to do last year. there are a lot of different options here. it's interesting, bill kristol from the weekly standard appeared to be talking to grover norquist, the anti-tax activist in those comments that he played earlier, talk
connell, who's the senate minority leader, he's taking a tougher stand than even boehner. let's listen to both of those positions. >> let's be clear. an opening bid of $1.6 trillion in new taxes just isn't serious. it's more than simpson/bowles or any other bipartisan commission has called for. it's been unanimously rejected in the house and senate. it's twice as much as the white house agreed to last summer during the debt ceiling talks, and looked at in the context of the spending cuts yet to be implemented, it amounts to about 20 cents in cuts for every new dollar in tax hikes. in other words, no cuts at all. it's a joke. a joke. >> we right away say 98% of americans are not going to see their taxes go up. 97% of small businesses are not going to see their taxes go up. if we get that in place, we are actually removing half of the fiscal cliff. half of the danger to our economy is removed by that single step. >> okay. so is it a joke, or as the democrats would say, the math isn't adding up? let's look at the issue of deficit reduction. the democrats say the -- let's say if you cut loopholes
the house speaker john boehner, the president, you can see him sitting there. let's listen to the president. thank them for their time and i think we're all aware that we have some urgent business to do. we have to make sure that taxes don't go up on middle class families and that our economy remains strong and creating jobs and that's an agenda that democrats and republicans and independents, people all across the country share. our challenge is to make sure that we are able to cooperate together, work together, find some common ground, make some tough compromises and build some consensus to do the people's business and what folks are looking for and i think all of us agree on this is they want to see that we are focused on them and not focused on our politics. my hope is this is a fruitful process where we will come to agreement that will reduce our deficit in a balanced way. i want to thank the leadership for coming and with that wool get to work. thank you very much, everybody. wait, wait, excuse me, there is actually one other point that i wanted to make. that is that my understanding
to be that much wiggle room, speaker boehner sounded a bit optimistic. >> i've outlined a framework for how both parties can work together to avert the fiscal cliff, without raising tax rates. >> a few have looked closely at what the president have had to say, looked closely at what i have to say. there are no barriers here to sitting down and beginning to work through this process. >> the president says that he is open to any ideas, good ideas, from republicans, to get revenue. he said that he will not slam the door in their faces, but still taking that tough stand, that he will not extend those bush-era tax cuts for wealthy americans. we also saw the president take a strong stand, as you pointed out, in defending his ambassador, ambassador susan rice. the president realizing that she's been coming under attack from republicans, in particular, senator john mccain, who's been going after her, because of the narrative that she told shortly after those benghazi attacks. senator mccain saying that he just wants to get all the facts, suggesting that the white house has not been transparent. the pres
standing next to john boehner? >> and mitch mcconnell -- >> and mitch mcconnell by the way. right. >> the president is in a different position now. re-elected by a pretty impressive margin than he was the last time he tried to forge a deal that collapsed. >> right. that was the debt ceiling. he had a real problem with that with the grand bargain. he also had after the 2010 midterms when he had a lame duck session of congress and he had to give on keeping the tax cuts for the wealthy. this is a president right now who believes he's got some leverage. he got re-elected. and these are republicans who are trying to figure out just who they are andy ds sun the president's press conference earlier this week, he's somebody who studied the flaws of a e d i make some progress without overreaching. it's very clear they're worried at the white house about doing some overreach here. if he can get a fiscal deal done, that will be very, very important for his legacy in the long-term. and he knows it. >> are the republicans operating from the same game plan? >> no. i think they're not. i mean,
president obama and the four top congressional leaders john boehner, nancy pelosi, harry reid, mitch mcconnell all will begin talks at the white house. cnn's jill dougherty is following those developments for us this morning. she's in our washington, d.c. bureau. good morning, jill. >> hello, soledad. well, this is it. both sides are going to be there. they're looking at the tone. they're looking at the president, what kind of tone will he set? you have to say that they're coming in both sides with their essential positions intact. all, both sides are saying that there is some room for a compromise. so, the essential thing is how do you compromise? if you look at the positions, let's say, of the republicans, and it's most strongly, as i say, relayed by senator mitch mcconnell, he does not, and they do not, want any tax increases. so let's listen to him first. >> and let's be clear, an opening bid of $1.6 trillion of new taxes just isn't serious. it's more than simpson-bowles or any other bipartisan commission has called for. it's been unanimously rejected in the house and senate, it's t
mcconnell, house speaker john boehner and nancy pelosi. so, will we get a deal? one man getting a lot of attention is erskine bowles. did you ever think your name would be part of pop culture? you are the bowles in simpson bowles. >> better be simpson bowles than bowles simpson since everybody knows him by his initials here in washington. >> so, when you talk about things, sacred cows, untouchables, whatever the word might be, in your proposal, the one paul ryan decided not to back, the one barack obama decided not to back, you had an increase in the federal gasoline tax. caps on mortgage interest. charitable donations and retirement contributions. these were all top choices. you also increased the eligibility age for medicare and social security. reduced benefits for wealthier seniors. some of those things average democrats and republicans say they agree on, other, they loathe them. is there anything that should be untouchable? >> the problems are real, no easy way out. we've got to come up with at least $4 trillion of deficit reduction and that's not the maximum amount we need to do
to every debail of his plan. house speaker, john boehner, wants to keep all the bush tax cuts in place. he's starting to talk about closing up tax loopholes. conservative pundit and weekly standard editor bill kristol said it's time for republicans to come so some sort of compromise. >> conservative movement has to pull back, let people float new ideas, let's have a serious debate. don't scream and yell when one person says it won't kill the country if we raise taxes a little bit on millionaires. it really won't, i don't think. i don't understand why republicans don't take obama's offer? >> cnn's senior congressional correspondent dana bash is live for us in washington, d.c. what do you make of his comments? >> soledad, look, bill kristol is not an elected official. he doesn't get a vote. but he is a very influential gop voice here in washington. and around the country. and for him to tell republicans it wouldn't kill to them to agree to tax increases for millionaires. it's a big deal. and we heard some similar talk from republicans who do have a vote like senator bob corker. listen to thi
at the white house. president obama wished house speaker john boehner a happy birthday. the president said he didn't know how many candles they would need for speaker boehner's birthday. he gave him an expensive bottle of wine instead. the speaker turned 63 years old today. >> a new york businessman said tampa, florida, socialite jill kelley asked him for an $80 million deal. those are some of the stories trending as we speak on cnn.com. >> an astronaut battles parkinson's disease while flying through space. we'll show you why he kept his condition a secret and how he's doing 17 years later. [ male announcer ] when a major hospital wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] at meineke i have options... like oil changes starting at $19.95. my money. my choice. my meineke. my money. my choice. when i take a picture of this check, it goes straight to
. and despite that, john boehner believes that a solution is possible. take a listen. >> i've outlined a framework for how both parties can work together to avert the fiscal cliff without raising tax rates. if you've look closely at what the president had to say and look closely at what i've had to say, there are no barriers here to sitting down and beginning to work through this process. >> when it comes to those tax hikes, though, the president saying that 98% of americans would not see their taxes go up, that 97% of small businesses would not be impacted at all. he does see some room there to close loopholes for some tax reforms but he doesn't believe that that's enough to make up that trillion dollars, and that the math simply doesn't add up. so what the president wants is a comprehensive plan so that middle-class americans are not hurt. zoraida? >> let's move on to the heated back and forth over u.n. ambassador susan rice. republican senators john mccain and lindsey graham say they would actually try to block rice from being promoted to secretary of state should she be nominated.
when you saw nancy pelosi out there. you saw john boehner out there saying we are hopeful we can get a deal done. and the market had a positive reaction to that. yet it lost that upside throughout the day, teetered back and forth between positive and negative territory. finally, closing the day out positive, so perhaps that suggests that maybe we are a little bit closer. but here's the thing, randi, they've got to get something done. they've got to solve this issue. because if not, the consequences are severe. >> but you listen to some people, and they suggest that fears of fallen off the cliff are overblown. what are the real consequences here? >> the real consequences are another recession. i mean, i can tell you every ceo that i'm talking to right now says i'm not making major decisions. i'm waiting. i'm standing by the sidelines. i can't hire a lot of people, i can't invest in a lot of infrastructure because i don't know what the landscape is going to be in the next 45 days. i don't know what the landscape is going to be in the next three months. so there's a lot of holdup. now,
was willing to sign on the dotted line to that compromise with john boehner and eric cantor a year ago. we remain ready, willing and able to compromise. the american people have an unquenchable thirst for solutions. they have an unquenchable thirst for compromise and consensus. at that press conference yesterday it was nancy pelosi notwithstanding what governor christie has said. it was nancy pelosi who said we remain ready, willing and able to find a compromise. to find common ground with republicans to avoid the fiscal cliff. we need solutions and not sequestration. >> jonathan karl did an interview with paul ryan and what paul ryan said in this is essentially that, that the president doesn't have a mandate. karl said he won some 300 some electoral votes, every battleground state except for north carolina. does president obama have a mandate and, and he said no, i don't think so. because then nancy pelosi would be in charge of the house of representatives. and she's not. do you think that he's got a point? >> you know what has a mandate? solutions have a han date. this election was about
republicans. listen who what house speaker john boehner said about that throwing cold water on it. >> at this point i think that the standing committees of the house whether they be the oversight committee or the intelligence committee are working diligently on these issues, and at this point i think that's appropriate. >> now, what john mccain and his colleagues are arguing is that there's too much stove piping going on. there are too many committees, and twoul today is a good example. there are hearings going on all over capitol hill and then probably will continue to be. they think it all should be streamlined into one committee, but, suzanne, using the term watergate, using the term coverup, saying what did he know, when did he know it, talking about the president, not exactly a way to get bipartisan support for something that, you know, democrats clearly don't want. it is absolutely -- you mentioned at the beginning, very, very tense, particularly between these two old rivals, john mccain and president obama. >> not the way to bite -- get the bipartisanship going. okay, dana.
boehner said i don't want to put anybody in a box, they don't want to have some framework out there the markets are going to get all concerned about. but inside wall street, different analysts and investment houses are saying they're not certain that a deal is -- the kind of deal that wall street wants is going to actually get done. so that's still something to really be concerned about. a lot of comparisons going on in the debt ceiling debate of 2011 that started all this. that was a very hard time for investors. and for the public. now something that's a little more fun, faster and cooler, motor trend car of the year, this was a really cool tesla model "s" all-electric plug-in luxury car. the first time an electric car has been elected. eleven finalists. and this was a pretty solid field. the ford fusion, porsche 911. the hyundai azera and the editor at motor trend said at its core the tesla model "s" is simply a damned good car you happen to blug in to refuel. seats seven. in part because it doesn't have a big, bulky combustion engine. average 74.5 miles per gallon equivale
for the failed grand bargain negotiations with speaker boehner. you know how these things work. everyone stakes out their two sides and ultimately, the final decision is somewhere in the middle. >> that's right. big negotiating game. this is a starting point. brianna keilar, great to see you this morning. >> it is seven minutes past the hour. will she or won't she? do you know? >> i wish i did. >> politicos in washington want to know if nancy pelosi will seek another term as house minority leader. the 72-year-old california democrat is expected to announce her decision today. pelosi has scheduled leadership elections for november 29th. that's later than usual. and that's prompted speculation that the former speaker may relinquish her role as a top house democrat. they say she's holding this very close to the vest. >>> and coming up on "starting point," former house speaker and gop presidential hopeful newt gingrich and his wife callista. their take on the presidential election, and will also weigh in on the petraeus scandal. >> and keep it on cnn for special coverage. we told you, president oba
that are relevant. because mitt romney's no longer relevant. go to john boehner, go to mitch mcconnell and say let's promote these policies that help poor people that help the middle class that promote jobs. that's what the president's been trying to do. that's what he's calling for in saying that the wealthy should pay their fair share. it'd be nice of some of these moderate thinkers or new thinkers like jindal actually held the republicans who are in power to task a little more instead of kicking the last guy down the road. >> you tweeted this, ana navarro, livid at romney saying obama won because offered minorities "gifts." as if he didn't alienate hispanics enough wliel running. look in mirror, mitt. >> i'm very upset about the comments mitt romney made. it shows him having sour grapes. that's not a great exit for a man who just lost. you need to look at yourself, the campaign. go and look at the film. how did you run your campaign towards hispanic, african-americans? are you satisfied with what you did? does it correlate with the amount you got? also, it's frankly offensive. i can tell you as
Search Results 0 to 18 of about 19 (some duplicates have been removed)